NEG Daily RSI Divergence playing out strongly on LPD, Gap done on positive new. (perhaps too many announcements on same day). Looking for a "possible" reversal in the green zone, backed up by the 75 day MA. (has acted as resistance in the past..may act as support) Coming in line with the 61.8% fib level which is a probable spot for reversals. Watching LIT ETF...
NMX is showing signs of finally nearing a bottom. expect more sideways action with some attempted swing trading. but the bear market is not over yet
Lithium at the moment is out of fashion but SAV is in a good place for next H2 with Feasability study to come. Please keep an eye on cash level as they mention they had enough till Q2 so unsure if they will ever raise before the feasability study. Amazing support at 4.62p so I would think it will hold this level, in case it doesn't don't hold & best to walk away &...
Just finished my piece on ALB monthly and daily models (eue.tu.ub) Both Daily & Monthly Models point to a low - optimal buy point - in Q2 2020 brschultz
$ACRL’s land is the ‘Allsopp-Hutson’ star that’s highlighted which they also list in their 10-K: Proof of their Allsopp ownership in their 10-k, Page 11: “Allsopp Properties: Mineral Rights acquired in the Kirkland Lake Gold’s Macassa mine Complex Ontario Canada. Consists of 1,680 acres.” They also have thousands of other acres and rights to diamond, graphite...
I think $SQM presents investors with massive reward to risk ratios here. Downside is minimal, whereas potential upside is huge. Prices can climb up to $281, in case of a quarterly uptrend, and eventually reach prices as high as $1841.65 over time, whilst paying a hefty dividend as well. Electric vehicles are a huge source of ever growing demand for lithium, and...
In micro-caps I've found that the volume is too little for anything meaningful to come of some TA, so instead I've gone down the fundamental approach mapping out some key moments in this developing mine and what we would see if progress is coming. I've mapped out the last remaining options in late 2018 and 19. I don't see any price action great enough to make...
AUZ has some work to do in order to breakout from the "Strong resistance line" and also get above this Moving averages. If 0.40 break could see another flush back to that .30 IMO. Weekly rsi was way oversold along with 4 hour and daily.. This may have enticed the strong bounces from .30.. Watching that overhead Res..
Mineral Resources $MIN.ax leading lithium stocks. Watch lithium ETF $LIT for weekly close above 20 wk moving avg.
Cup & Handle possible formation and Inverse H&S.
PR Strong Buy $28 NR Junk $63.7
Testing resistance points on the back of positive news flows. Still the lingering question of Mining Wardens recommendation to WA Mining minister - Warranting a small retrace/ bounce of resistance points. Consecutive close above $1.26 would confirm break out.
Positives (Like to see it stabilize around these levels) Infrastructure is in place, making pofits and re-investing the market will eventually turn to demand driven, when the major car companies start releasing more electric models. VW will release GOLF next year.. 5% of car owners in my company have electric cars (stockholm). the intial costs for the car are...
Sell on the short term on the broken long term trend line, including the possible Q4 market wide correction on trade wars.. A buy of a lifetime anywhere near $120~200 if the company still survives from a lower stock price and do not get drowned by debt. (At this point, I AM not shorting . It is simply too risky, just keeping a lookout for a buy)
SQM NYSE:SQM is a chilean Lithium mining stock for EV Batteries and takes advantage of US$ to Chilean value as well. EV Truck manuf. just starting and will require more and more lithium. Another big news story that hit the market in the second quarter was worries that Tesla might not be able to deliver its Model 3 on time due to a battery shortfall. This...
keep it simple, be sure to follow for updates, and check out my other charts for massive gains! I see buy signals on the MONTHLY, with positive momentum forming. We have had a long year pull back, with the 60 cent area looking like short term support. I have a short term buy zone and potentially longer term sell labeled. This is high risk, as I only charted...
Technicals - Nice Cypher on Nemaska Lithium, Stock is currently at a strong resistance point, good time to buy. Fundamentals - After Morgan-Stanley's report on lithium, NMX dropped seriously low from its $2.44 pic. However, Nemaska Lithium is developing a different commercial model than other lithium producers. It is also backed by the government and...